OTIS NYSE
Credit Risk of going bust: lower than 82% of companies Debt: 23.6% of company value Bonds: $248.0M held by 191 funds, 58 bp over Treasuries → details ▾
If the stock fell to about $1.27 (down 98%), Otis Worldwide Corporation would be worth roughly what it owes.
Total debt $8.85B against a stock market value of $28.65B.
Distance to default 10.04 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $4.91B (short-term plus half of long-term), stock volatility 22.5%; Altman Z 2.88. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Farmington, CT 06032
US
Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and numerous other international markets. The company's business is organized into two primary divisions: New Equipment and Service. Its New Equipment segment is responsible for the design, fabrication, sale, and fitting of a diverse array of passenger and freight elevators, escalators, and moving walkways, catering to residential and commercial properties, as well as large-scale infrastructure endeavors. Conversely, the Service segment offers extensive maintenance, repair, and modernization services aimed at upgrading existing elevator and escalator systems. Otis maintains a substantial global service footprint, employing approximately 34,000 service technicians across roughly 1,400 branches and offices. The company, established in 1853, is headquartered in Farmington, Connecticut.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Gosk Kimberly Shanno | M-Exempt | 933 | — | 2026-09-02 |
| Gosk Kimberly Shanno | F-InKind | 274 | $70.83 | 2026-09-02 |
| Gosk Kimberly Shanno | M-Exempt | 933 | — | 2026-09-02 |
| Mendez Echevarria Ma | M-Exempt | 2,137 | — | 2026-08-23 |
| Mendez Echevarria Ma | F-InKind | 838 | $71.49 | 2026-08-23 |